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Search Results 0 to 18 of about 19 (some duplicates have been removed)
Jan 18, 2013 8:00am PST
, of course, in the middle east. but up first, the biggie, taxes. here's christine romans. >> reporter: the challenge, tax reform. for the first time in 20 years, taxes are going up for the rich. they'll pay a higher top marginal income tax rate, higher taxes on dividends and capital gains and a higher estate tax rate, but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in the society, very tiny percentage. i frankly think that there are more taxes coming and they will bite deeper into the middle-class. >> reporter: in fact, two-thirds of americans will pay higher taxes in 2013. the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republ
Jan 16, 2013 6:00am PST
demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun free zones for ours. >> it's a tough ad. dan lothian is at the white house. but i understand the president is fighting back with his own pr strategy because when he makes his big announcement he'll be surrounded by children who wrote letters to him begging for gun control. >> reporter: that's right. you know, we see the white house do this in the past, usually it's around a fiscal fight where the president's putting pressure on congress he'll be surrounded by families from across the country. well, in fact, the president, as you pointed out, will be surrounded by these young kids who wrote letters to the president in the wake of the connecticut shootings. in addition to that, though, a white house official confirming that the president will also be joined with some newtown families, families impacted by the newtown shootings at this event here today. so, clearly this is an effort by the white house to put pressure on lawma
Jan 18, 2013 11:00am PST
laundering and filing false tax returns. one section here i wanted to read especially for the viewers. it says that ray nagin knowingly devised and intended to devise a scheme to defraud the city of new orleans and its citizens through a bribery kickbacks scheme where his public office would be used to benefit his personal business and to provide him with payment in the form of checks, granted inventory for his business, wire transfers, personal services, and free travel. accusations of uses of limousines and flights and a trip paid to jamaica for his entire family. so as it relates to the tax returns, this, of course, goes specifically after ray nagin, but could also involve the rest of the family because some of the personal financial details will be involved. now, this is involving two business men who, in exchange for paying the former mayor and his company, in turn, this indictment alleges, got millions of dollars in contracts from the city of new orleans for rebuilding after katrina. at a time when ray nagin was tasked with rebuilding his city, in 2006, said he wanted to make su
Jan 19, 2013 2:00pm PST
to join in. on the stimulus package, you know why there were so many tax cuts in the stimulus package? he was hoping to get republicans to come in on that. because guess what? republicans are for tax breaks. we all know what the president's space was unprecedented, a set of republican leaders who said from the outset, our number one task is to make sure this president fails. no president had seen that. and understand, we were on the cusp of something almost like the great depression here and republicans stood fast and said our number one priority -- mitch mcconnell, to see the president fail. that's unprecedented. >> i agree that there is some lack of precedent on that. but there is also lack of precedent on the amount of big-ticket items that were passed with nothing but democrat loads. >> listen. >> and it has not helped. i think it's fermented a -- you know, an environment that's become increasingly uncivil. >> all right. we have exhausted this subject. i want to move on quickly and i don't have a lot of time. i want to talk about you said the president seemed antagonistic and other p
Jan 15, 2013 11:00am PST
is happening in mali, and the developments there. because more of your tax dollars may be going there. >> the funding mechanism for the u.n. mission is still being worked out, but we are assuming that the u.s. will be asked to contribute significantly as we did to the somalia operation. to get a jump on that, we're using some of our existing funding that we already have in the budget and will be going to the congress for additional funding over the coming days. >> chris lawrence, let me go to you, at the pentagon, because you're our pentagon correspondent, i should say. the u.s. will not be sending in ground troops, so how exactly will our military help in mali? >> well, brooke, they're considering sending big air force cargo planes to get more french troops and heavy equipment, vehicles, into the fight there. also considering putting up more drones and spy planes to get a better sense of what is happening on the ground. and they may be sending some aerial refueling craft so those french jets can refuel while they're in the air and do more sustained longer missions. >> why not boots o
Jan 16, 2013 9:00am PST
their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids. >> i'm sorry, beau. go ahead. finish your thought. >> any american and any law enforcement official would tell you that there's a rationale and a reason, unfortunately, why the president of the united states' children need the secret service around them. especially in the post-9/11 world that we unfortunately live in. so that's obvious, fairly apparent on its face. what that ad is just simply out of bounds. it demonstrates, quite frankly, them being somewhat out of touch. you know, as you heard my father say in the press that he had what he believed to be a constructive meeting with the members of the nra. i hope that we can get back to that kind of constructive discussion rather than leading with what appears to be a well-funded ad that takes on the president on an issue that is just clearly out of the bounds and out of line. >> all right. we're going to obviously get their reaction as well, but beau, i imagine you don't see much of your dad these days. he
Jan 20, 2013 4:00am PST
the spending cuts and the tax hikes. do you expect this type of relationship, we'll call it that, between the president and congress to continue? >> i do think there will be that antagonism. we have to be realistic about that. i also think there are certain republicans who understand that while the president has to build a legacy, this is also about republican legacy. what kind of party do they want to be in the next four years? do they just want to continue to be the party of the permanent majority in the house, which can obstruct or do they want to focus on how you build towards being a party that can actually win the white house? this is where i think immigration reform comes in. that is a big first step for republicans to show that they understand, especially to the growing latino community, what they need to do in order to bring them in and, frankly, in order to build a path towards winning the white house in 2016 or even beyond. if they don't do that. if they don't focus on trying to figure out a way to get immigration reform done, that's not going to hatppen in our lifetime? thanks
Jan 20, 2013 5:00am PST
grade. >> guns, tax and immigration. the president signals a second term with more bite than bipartisanship. the tone and the task with senior obama adviser are david plouffe. the republican take with wyoming senator john barrasso, head of the gop policy committee. also, spotlight on the inaugural speech with presidential wordhs
Jan 15, 2013 6:00am PST
's signature health care plan be paid for in part with money from a sugary drink excise tax. the big soda industry lobbying arm, the american beverage association promptly spent $7 billion in a nationwide ad campaign to prevent that from happening. >> we spent money to put the voice of the people on the air, most of that goes for paid media. we were counseled by smart people in congress that this in some quarters might be a viable idea because the pressure for funding was so enormous, rightly so and you couldn't take anything for granted. >> reporter: their lobbying effort paid off, there is no federal tax on sugary drinks. fast forward to today, the centers for disease control says more and more americans are drinking the stuff. the center for science and the public interest, a non-profit consumer advocacy group says sugary drinks are the number one source of calories in the american diet. they put out their famous version of the coca-cola bear called the real bear. ♪ sugar, sugar, so good, so good, sugar ♪ >> coca-cola said "obesity is complex and requires partnership and collaborat
Jan 18, 2013 9:00am PST
to validate their years of investigation and their millions of federal tax dollars that were spent to build a case against him and he also wanted to be able to rebuild his public image. yet he did neither of those things, he challenged the heart of the anti-doping agency's report was that he actually led and facilitated the use on his cycling team. then the second part of that was even worse because he admitted to bullying, he seemed callous, he seemed rep tillian. it was the sort of thing where anybody who tuned in because they wanted to see contrition, remorse, i don't think people should have to do the contrition cabuki theater, but you don't call up oprah winfrey to do an interview unless you're going to do the oprah winfrey interview. >> does he stand a chance in your mind of ever rehabilitating himself, his image or his career in the sports world? >> let's take the competition piece, you saw it has a lifetime ban on him. the condition for that being removed is him testifying under oath to usada and being willing to name corrupt officials or corrupt cyclist, and he made it clear to opr
Jan 19, 2013 11:00am PST
back taxes, if you have a criminal investigation, you find out there's no crimes, no serious crimes. and you get at the end of the line. but there has to be a path. three, we've got to have family unity as a central core of any policy. you can't deport the parents and leave their 5 million kids here. there are 2 million dreamers. so those are some of the elements of wa we talked about, and i know that the president supports those core elements. we expect there will be bipartisan support for that, as well. >> can you give us a sense of the timing on this? when will we see these plans. >> it's going to depend on the congress, as well. i expect in the next month you'll see these proposals, certainly already, senator mccain and graham and in len dez and others are working together to come up with a comprehensive package. remember, there's been some movement from the republicans as a result of the election. i think they're going to want do it on a bipartisan basis. >> go back to guns for a minute. you listed things you would like to see. it seems clear the president's not going to get ev
Jan 22, 2013 9:00am PST
't ask billionaires to pay a little bit more in taxes. the american people have been very clear on that. that's what the american people want. they do not want to see disabled veterans or widows of men who lost their lives in iraq and afghanistan cut, they don't want to see those programs cut. >> also brand-new member of congress, tammy duckworth, an iraq war veteran, double amputee and served as president obama's assistant second for veteran as fairs. i askeder whher what she thinks the president should do. >> bring our troops home from afghanistan but in a way we don't have to send them back. we need to have that good transition from the d.o.d. to the v.a. when they leave the military they know where they're going they don't go home and sit in their house, they know i'm going to go to school or in a job training program or they have a job lined up or serve in some other way. we need to do a better job of providing that. because what happens, if that's not there they can spiral into homelessness, can't find a job, unemployed, they run out of money and it adds up. >> slippery slopes in
Search Results 0 to 18 of about 19 (some duplicates have been removed)